Discover a prime investment opportunity with this well-located 9-unit building, perfect for savvy real estate investors seeking significant upside in West LA (Sawtelle). This property is an ideal candidate for a Tenants In Common (TIC) development, offering flexible ownership structures that can attract a broader range of investors, with its diverse mix of units, including a spacious two-story townhome, two-bedroom, two-bath units, and one-bedroom units, totalling 9,064 SF. There's considerable potential to increase rental income through strategic upgrades. The possibility of converting garage areas into additional ADUs provides substantial value-add opportunities. Zoned [Q]R3-1 on a 7,385 square foot lot, the property offers not only immediate income but also long-term growth prospects, making it an exceptional chance to maximize returns on your investment portfolio.
Listing courtesy of Listing Agent: Armin Soleimani (arminsoleimani@gmail.com) from Listing Office: Global Platinum Properties, Inc..
Listing sold by Outside Area from Outside Area Listings
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.